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Nigeria Opens $400m Otakikpo Terminal to Boost Oil Exports

Nigeria commissions a $400 million Otakikpo terminal to expand crude exports, ease evacuation, and boost indigenous participation in the oil sector.

Immigration Officer Pays N2.5m Ransom Before Wife’s Rescue

Immigration officer pays N2.5m ransom before wife’s rescue in Badagry after joint Police and Immigration operation stormed kidnappers’ den.

Banks’ Weekly Borrowing from CBN Soars to ₦5.38 Trillion Amid Liquidity Crunch

Nigerian banks' weekly borrowing from the CBN has surged to ₦5.38 trillion, reflecting increased liquidity demand and economic challenges.

GTCO Plans $750mn Rights Issue to Meet Capital Requirements

Nigeria’s Guaranty Trust Bank (GTCO) is gearing up to raise $750 million through a...

Nigerian Banks in Ghana Work to Resolve FX Trading Ban

Nigerian banks operating in Ghana are working with the Bank of Ghana (BoG) to...

Nigerian Banks Attract Record Deposits Amid Naira Crisis

Nigeria's major banks have seen a surge in customer deposits in the first nine...

CBN Mandates BVN, NIN Linking, Anticipates Customer Rush

CBN’s new BVN/NIN policy expected to cause a surge in bank and NIMC office visits across Nigeria.

Latest articles

Nigeria Opens $400m Otakikpo Terminal to Boost Oil Exports

Nigeria commissions a $400 million Otakikpo terminal to expand crude exports, ease evacuation, and boost indigenous participation in the oil sector.

Immigration Officer Pays N2.5m Ransom Before Wife’s Rescue

Immigration officer pays N2.5m ransom before wife’s rescue in Badagry after joint Police and Immigration operation stormed kidnappers’ den.

Nigeria Alarmed as 4,000 Young Women Contract HIV Weekly

The AIDS Healthcare Foundation warns that over 4,000 young women contract HIV weekly, urging urgent action to expand healthcare and education access.

World Bank: 139 Million Nigerians Still Trapped in Poverty

The World Bank urged Nigeria to channel reform gains into real welfare improvements, as 139 million citizens still live in poverty.